It's time to buy Affiliate Island
- Thread starter papajohn56
- Start date
Yeah, that will work in theory, as long as you dont want to go back to the US. Cause if you get new citizenship somewhere (worth a separate thread to talk about this)
and need a visa to the US, they do in fact ask you on your Visa application .
"Have you previously held US citizenship and renounced it for tax purposes"
Because you ship them over from the DR from time to time . . .
Adult Villa in Dominican Republic for Caribbean Adult Vacations
Yeah, as has been pointed out, you can never set foot back in the US. You better also make sure that the country you decide to live in and the countries you decide to visit don't have extradition treaties with the US either. If you're a big enough fish they'll come after you.
The United States is also actively currently seeking tax treaties with countries around the world where those don't already exist. This way they can get bank account and other financial info out of those countries by simply asking for it. They just signed one with Gibraltar which has traditionally been an offshore haven, but since they want to be on the up and up in the EU they've basically invited all countries to sign such treaties with them.
Waiting to see if they do one up with Canada, though Canada doesn't follow your international activity as bad as the Americans from what I understand.
Switzerland is still telling the US to fuck off last I heard though. I've always wanted a Swiss bank account. I think I need to look into that.
Just pay your taxes after you find many fun and exciting ways to get reduce your income. For instance, I believe you can deduct a boat as a business expense as long as it has a head - call it one of the satellite offices or business entertainment or whatever . .
Buy a bar or restaurant and use the losses to offset your profit. . .
Oh yeah, and get all this stuff set up before you have .5M laying around . . .
Because if you have a bunch of people with a shit ton of money on an Island, it's not hard to get the women there.
Honestly my biggest worry would be if it flooded. Not a whole lot you can do.
I'm pretty sure you can't make your own laws. You're not starting your own country
for those that are considering islands, seasteading is always an option as well.
you can also read about Sealand, which is some guy that actually tried to start his own country
Florida law down in the key states that any new construction must be built 10ft above sea level in case of storms etc. Most island cultures do this anyway for storms and flooding. So if we all built out homes 10ft up and sea levels rose 5ft we would have our own little Bahama Venice.